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Dover Downs Racing Towards NYSE Delisting, as Northeast Gaming Expansion Hurts Delaware Casino

Dover Downs Gaming and Entertainment (DDE), parent company to the Dover Downs Hotel & Casino and Dover Downs Raceway, has been notified by the New York Stock Exchange (NYSE) that the company is in jeopardy of being delisted due to its stock price routinely trading below the minimum $1.00.

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Delaware Gaming

6/15/2018

article Del. House Speaker proposes to cut casino relief bill in half.
(Delaware) -- The newly introduced Casino Relief Bill may be amended to lessen the impact on the state's yearly revenue. The Delaware Senate passed Senate Bill 144...
article House Speaker Schwartzkopf opposes giving casinos more slot revenue
(Delaware) -- State Sen. Brian Bushweller’s (D-Dover) casino relief bill cuts the state’s share of slot revenue. Delaware currently collects about 43 percent...
article Schwartzkopf amendment would cut casino relief bill in half
(Delaware) -- Rep. Pete Schwartzkopf introduced an amendment June 14 that would cut the financial impact of Senate Substitute 1 for Senate Bill 144 in half.

6/10/2018

article Underage gambling a concern as Delaware Lottery rolls out new vending machines
(Delaware) -- One group is concerned the Delaware Lottery hasn't done enough to safeguard their new vending machines to prevent minors from purchasing scratch-off...

6/7/2018

article Delaware begins offering single-game sports wagering
(Delaware) -- The small eastern state of Delaware reportedly earned over $320,000 from sportsbetting on Tuesday after its three casinos became the first in the nation...
article How It Felt To Book Delaware's First Sports Bet
(Delaware) -- On Tuesday, a lifelong Philly sports fan placed a $10 bet on the Phillies to beat the Cubs. Why is this newsworthy? Because the fan placing the bet was...
article I Went To All Three Delaware Casinos On The First Day Of Legal Sports Betting And Now I Have An Unbeatable System
(Delaware) -- The odds boards are outdated, and they are state-of-the-art in Delaware. The actual odds on them are up to date, mind you. But the boards themselves are...

6/6/2018

article Delaware becomes first state with sports betting after Supreme Court ruling
(Delaware) -- Delaware became the first state to offer sports betting in the wake of a landmark decision from the U.S. Supreme Court. Gov. John Carney (D) placed the...
article Delaware draws $322,135 in bets on Day 1 of full-scale betting Tuesday
(Delaware) -- On a day without an NBA Finals game or Stanley Cup Final matchup, there was still plenty of betting action when Delaware opened for business Tuesday....
article Delaware Legalizes Sports Gambling, And Governor Makes First Bet
(Delaware) -- On Tuesday, Delaware became the first state to take advantage of a recent U.S. Supreme Court decision and legalize full-scale sports betting — with...
article Sports betting: Delaware earns 6-figure haul on first day of legal wagers
(Delaware) -- Legal sports betting is already paying off for the state of Delaware, which earned a six-figure haul on its first day taking wagers since the U.S. Supreme...

6/5/2018

article Move Over, New Jersey: Delaware Becomes First State Outside Nevada To Offer Single-Game Sports Bets
(Delaware) -- As lawmakers in New Jersey scramble to enact legislation to make sports betting available statewide, Delaware may have stolen a bit of its thunder. On...
article Delaware is the first new state to bet on sports gambling, but it might not pay off
(Delaware) -- Gov. John Carney reached into his pocket shortly before 1:30 p.m. Tuesday and pulled out a folded bill. “This $10 bill is going to bring our Phillies...
article Delaware launches full-scale sports betting operations
(Delaware) -- Delaware is set to be the first state to implement full-scale sports betting operations later today. Three casinos will be launching their full-scale...
article Delaware launches sports betting, other states close behind
(Delaware) -- The market for legal sports gambling in the United States widened significantly on Tuesday with expanded betting in Delaware, putting legal wagering within...
article Delaware welcomes sports betting just in time for NBA, NHL finals
(Delaware) -- Full-scale sports betting is coming to Delaware, barely three weeks after the U.S. Supreme Court cleared the way for states to implement wagering schemes.
article Full-scale sports betting no ‘big windfall,’ Delaware casino operators say
(Delaware) -- Delaware prides itself as “The First State,” and that nickname is ringing true once again as the state becomes the first outside of Nevada to...
article In Time for the NBA Finals, Delaware Wins Race to Offer Sports Betting
(Delaware) -- Just three weeks after the U.S. Supreme Court cleared the way for states to legalize sports betting, Delaware will be the first place outside of Nevada to...

6/4/2018

article Delaware expands sports betting following court ruling. What you should know
(Delaware) -- If you plan to head to Delaware on Tuesday to take advantage of its opening day for legalized sports betting, don't forget your winnings won't be...
article Delaware launches sports betting, other states close behind
(Delaware) -- Full-scale sports betting is coming to Delaware, barely three weeks after the U.S. Supreme Court cleared the way for states to implement wagering schemes....
article Dover Downs CEO: Single game sports not a savior for struggling casinos
(Delaware) -- Millions of state dollars are at stake over a disagreement about the long-term impact of Delaware's new sports betting system. Delaware's Speaker...
article Full-scale sports betting no ‘big windfall,’ Delaware casino operators say
(Delaware) -- Delaware prides itself as “The First State,” and that nickname is ringing true once again as the state becomes the first outside of Nevada to...
article Sports betting: How to place a wager in Delaware starting Tuesday
(Delaware) -- Tuesday afternoon, the First State will become the first state to offer single-game sports wagering outside Nevada. The expansion gives gamblers an...

6/2/2018

article Casino Stock Explodes As Delaware Becomes First State To Expand Sports Betting
(Delaware) -- Delaware, the first state to ratify the U.S. Constitution, became the first new state to expand sports betting since the Supreme Court struck down a law...

5/26/2018

article No sure bet for problem gamblers
(Delaware) -- More sports wagering opportunities are coming to Delaware. Will additional problem gamblers emerge too? That’s no sure bet, state officials said this...

5/25/2018

article Expanded sports betting coming to a track near you
(Delaware) -- Delaware is moving quickly to offer betting on single NFL and NBA and other sports events. “The state wants to be ready to go early June,” said...

5/18/2018

article Delaware Could Begin Accepting Sports Bets In Coming Weeks
(Delaware) -- Delaware Gov. John Carney and Attorney General Matt Denn have found "no legal obstacles" that would prevent the state from "offering single-...

5/17/2018

article Delaware Could Be 1st State to Open Sports Gambling After Supreme Court Ruling
(Delaware) -- Delaware is moving quickly to open sports gambling operations after the United States Supreme Court ruled the Professional and Amateur Sports Protection...
article Sports betting in Delaware gets a green light
(Delaware) -- Delaware just became the favorite in the Mid-Atlantic — if not the nation — to become the first state with a full-scale sports gaming operation...
article Training to ramp up full sports betting in Delaware starts next week
(Delaware) -- Delaware’s Department of Finance and the Attorney General’s Office say a state law passed in 2008 allows various types of betting on pro and...

5/15/2018

article Casino Owner Discusses Supreme Court Ruling On Sports Betting
(Delaware) -- The Supreme Court has given the green light on sports betting, but will that really change the industry? NPR's Mary Louise Kelly speaks with Ed Sutor,...

5/13/2018

article Casino legislation faces uncertain future in Delaware House
(Delaware) -- But House Speaker Pete Schwartzkopf (D-Rehoboth Beach) is skeptical of bill’s merits. Schwartzkopf argues the U.S. Supreme Court could announce a...

5/3/2018

article Delaware's new minimum wage bill could depend on casino tax relief package
(Delaware) -- Delaware lawmakers are yet again eyeing an increase to the minimum wage after similar legislation was defeated back in March, but the fate of the new bill...

4/28/2018

article House speaker slams casino relief bill
(Delaware) -- The casino relief bill will get a committee hearing in the House. What happens after that is unknown. Following the passage of Senate Substitute 1 for...

4/27/2018

article Casino relief bill moves through Delaware State Senate
(Delaware) -- Senate Bill 144 is a piece of legislation that would help the three racinos in Delaware to stay afloat. The bill just recently passed within the state...

4/26/2018

article Casino relief bill passes Senate but prospects in House less certain
(Delaware) -- On the same day Dover Downs announced it lost $273,000 in the first three months of 2018, the Senate passed legislation that would give financial aid to...
article Casino revenue sharing reduction bill advances
(Delaware) -- Legislation that would provide some relief for the struggling casino industry in Delaware made its way out of a key Senate Committee. Senate Bill 144 was...
article Casinos could see tax relief in the near future
(Delaware) -- The First State could be enacting legislation to help casinos in the very near future. A Senate panel has approved a bill that would reduce taxes and fees...
article House speaker opposes casino relief approved by state Senate
(Delaware) -- The state Senate approved relief for Delaware’s three casinos Wednesday. But House Speaker Pete Schwartzkopf (D-Rehoboth) says he wasn’t...

4/25/2018

article Casino relief bill clears state Senate committee
(Delaware) -- State Sen. Brian Bushweller (D-Dover) is one step closer to revising the revenue sharing structure for casinos in Delaware. His legislation advanced out a...
article Casino relief bill passes first test
(Delaware) -- A Senate committee on Wednesday approved legislation that would offer Delaware’s three casinos tax relief, the most significant step in regard to...

4/10/2018

article Slovenia’s Online Gaming Bill Gets Shot Down By Legislators
(Europe) -- Slovenia's push towards online gambling has been vetoed. A recent bill that would have opened the Eastern European country up to online gaming using the...

4/9/2018

article Delaware Casino May See Tax Cuts
(Delaware) -- Delaware’ Gov. John Carney has agreed not to further delay the discussion of a proposed reform of casino taxes. At a recent finance meeting for the...

3/20/2018

article Minimum wage hike bill fails in Senate
(Delaware) -- The Senate defeated a $1 minimum wage increase Tuesday, falling one vote short of passage. Sen. Brian Bushweller, a Dover Democrat, was the deciding vote,...

3/15/2018

article Delaware Governor Agrees to Immediately Start Casino Tax Cut Talks
(Delaware) -- Delaware Governor John Carney has agreed that discussions about the proposed casino tax relief reform should not be delayed any longer. At a Wednesday...

3/14/2018

article Carney signals imminent negotiations on casino tax relief bill
(Delaware) -- Stakeholders who’ve been advocating for casino reform in the state were pleased to see Gov. John Carney signal that discussions would “...
article State Sen. Bushweller delays consideration of casino tax relief legislation
(Delaware) -- The Senate Finance Committee tabled legislation giving tax relief to Delaware casinos. State Sen. Brian Bushweller agreed not to move forward after...

3/13/2018

article Lawmakers attempt to strike deal on casino relief
(Delaware) -- Gov. John Carney met with a pair of lawmakers yesterday in a last ditch effort to prop up state casino revenue. He met with State Sens. Brian Bushweller...
article Senate bill cutting Delaware casinos' taxes could advance on Wednesday
(Delaware) -- A state Senate committee meeting on Wednesday could go a long way to determining whether the state's casinos will see less of their revenue stream land...
article Senate bill cutting Delaware casinos' taxes could advance on Wednesday
(Delaware) -- A state Senate committee meeting on Wednesday could go a long way to determining whether the state's casinos will see less of their revenue stream land...

3/11/2018

article Gambling addiction program for veterans set March 15 at Dover Downs
(Delaware) -- Dover Downs Hotel and Casino will host the Service Members, Veterans and Gambling Addiction program from 8:30 a.m. to 4:30 p.m., Thursday, March 15, at the...

2/12/2018

article Delaware casinos betting on tax relief bill
(Delaware) -- The state's leading advocate for cutting the taxes paid by Delaware's three casinos is making one last push to reach a deal before he leaves office...

1/22/2018

article Casino relief bill introduced
(Delaware) -- Legislators last week introduced a bipartisan bill to provide relief to Delaware’s three casinos that supporters say is sorely needed.
article Casino relief legislation introduced
(Delaware) -- A bipartisan effort is underway to provide relief to the state’s beleaguered casino industry. State Sen. Brian Bushweiler, D-Dover, sponsored the...

1/17/2018

article Delaware’s iGaming suffers double-digit decline in 2017
(Delaware) -- Delaware’s regulated online gambling market suffered a double-digit decline in 2017, reversing 2016’s double-digit gains.

12/27/2017

article Police ID victims of Delaware Park carjacking crash
(Delaware) -- Delaware State Police have identified the victims of a head-on collision in Stanton on Saturday that police say was caused by a man driving a stolen car.

12/24/2017

article 1 dead, 2 injured in crash at Delaware Park Racetrack and Casino
(Delaware) -- One person is dead and two people were rushed to Christiana Hospital after a car crash on the grounds of the Delaware Park Racetrack and Casino in Stanton...
article Police: Carjacking suspect strikes, kills 2 outside casino
(Delaware) -- Two senior citizens from New Jersey have died after their car was hit outside a casino by a driver wanted in a carjacking. Delaware State Police said...

12/6/2017

article Dover Downs Racing Towards NYSE Delisting, as Northeast Gaming Expansion Hurts Delaware Casino
(Delaware) -- Dover Downs Gaming and Entertainment (DDE), parent company to the Dover Downs Hotel & Casino and Dover Downs Raceway, has been notified by the New York...

10/28/2017

article Dover Downs reports small loss as company pays $56 million+ to state and horsemen
(Delaware) -- Dover Downs Gaming & Entertainment, Inc. reporting a small loss in the third quarter. Gaming revenues of $39,503,000 were down 4.3 percent compared to...

10/23/2017

article Delaware seeks table games tax relief
(Delaware) -- The Video Lottery Advisory Committee revealed that it will recommend the state to cut the table games tax rate from 9.5 percent to 15 percent. The...

10/20/2017

article Delaware Casinos Seek Table Game Tax Relief
(Delaware) -- A commission on gaming in is set to recommend Delaware lower its tax rate on table games at the state's three casinos, prioritizing it over other tax...

10/19/2017

article Casino panel to urge table game tax cut
(Delaware) -- A committee created to analyze the state of Delaware’s casino industry is poised to recommend lawmakers slash the table game tax rate in half, among...

8/15/2017

article Delaware gaming tax policy not to be emulated
(Delaware) -- If it ain’t broke, don’t fix it. That seems to be the mantra for gaming taxation policy in the great state of Delaware, at least if the goal is...

7/27/2017

article Dover Downs barely breaks even during 2nd quarter
(Delaware) -- Dover Downs made $32,000 in the second quarter of 2017, not enough to cover its first quarter losses. The company was $152,000 in the red this year as of...
article Dover Downs' profit plummets by nearly 96 percent
(Delaware) -- Dover Downs Gaming & Entertainment earned a profit of $32,000 in the second quarter of 2017, an improvement over last quarter's $184,000 loss....

7/22/2017

article Delaware Brick-and-Mortar Casino Sector Advisory Board Holds State’s Fate, While Keeping Cards Close
(Delaware) -- The Delaware land-based casino sector has been hit hard by increased competition from new markets in neighboring states, as the newer and shinier casinos...

7/18/2017

article Casino advisory panel keeping cards close to vest
(Delaware) -- The group tasked with providing formal recommendations to the General Assembly on the state’s gambling industry met Tuesday for the first time this...

5/12/2017

article Court tosses customer’s lawsuit against Dover Downs casino
(Delaware) -- A Dover man’s lawsuit seeking $700,000 for alleged mental distress caused by a valet’s refusal to park his vehicle was dismissed on Tuesday.

4/19/2017

article Delaware Online Gaming Revenue Plummets, as Market Doesn’t Follow New Jersey’s Lead
(Delaware) -- Delaware online gaming revenue came to a screeching halt in March, as internet casinos won just $151,811, a 42 percent drop compared to the same month in...

1/26/2017

article Dover Downs sees profits fall in 2016
(Delaware) -- Dover Downs Gaming & Entertainment saw its recent hot streak come to an end Thursday with its first quarterly loss in six months and an overall drop in...

12/6/2016

article Revenue down at Casino at Ocean Downs for November
(Delaware) -- Revenue for the state's five casinos was up 2.5 percent over last year in November, according to a press release issued by Maryland Lottery and Gaming.

10/28/2016

article Delco still waiting on millions in casino funds
(Delaware) -- Although it’s uncertain if state senators will act to correct a House version of legislation meant to keep millions of casino tax dollars streaming...

9/8/2016

article Record Highs for Delaware Online Poker, But There’s Still Room for Improvement
(Delaware) -- The Delaware online poker economy enjoyed a record-breaking July, according to the state’s latest revenue report. Despite the summer months typically...

7/28/2016

article Delaware iGaming Revenue Hits Fourth Straight Record Month in June
(Delaware) -- Delaware continues to have a golden streak of iGaming revenue fortunes after a fourth straight revenue record, and sixth consecutive month on the ascent in...
article Dover Downs continues modest gains despite no tax relief
(Delaware) -- Dover Downs Gaming & Entertainment on Thursday recorded its third profitable quarter in the last year, despite failing to win passage of a tax-relief...
article Dover Downs makes profit but execs say issues remain
(Delaware) -- Dover Downs made $796,000 in the second quarter of 2016, the company announced Thursday. After a loss of $239,000 from January to March, the casino now...

7/27/2016

article GOP gov. candidate proposing riverboat gambling for Delaware
(Delaware) -- A candidate for governor wants to expand gambling in Delaware - not by putting a new casino on Wilmington's Riverfront, but by putting the casino ON...

7/16/2016

article Casino at Ocean Downs: Disappointment or boon?
(Delaware) -- Here's how you spin a story: The Casino at Ocean Downs raked in record profits in 2015. It's on track to exceed the 2015 figure in 2016.

7/10/2016

article OfferCraft partnership paying off for Dover Downs Hotel And Casino
(Delaware) -- Dover Downs Hotel And Casino in Delaware has announced that it has seen an “enthusiastic reaction” to a pair of games it recently sent out to...

6/30/2016

article Ocean Downs slots fall short of predicted windfall
(Delaware) -- Despite raking in record receipts last year, the Casino at Ocean Downs has provided nowhere near the payoff that analysts predicted when it was approved,...

6/23/2016

article No luck for Delaware casinos
(Delaware) -- For the second year in a row, relief has not been in the cards for Delaware’s three casinos. Although this legislative session does not end until...

6/19/2016

article COMMENTARY: Saving jobs in Delaware’s southern counties
(Delaware) -- The “casino issue.” Why are we, and several other legislators, especially from Kent and Sussex counties, so concerned? Here are some facts: The three...

6/3/2016

article Dover Downs scheme follows money laundering trend
(Delaware) -- The scheme recently revealed to have used Dover Downs Hotel & Casino slot machines to wash drug money was doomed from the start.

5/26/2016

article Despite state’s big bite, casino committed to community
(Delaware) -- As another legislative session approaches closure, the casino industry in Delaware continues to vie for relief. While many Delawareans have heard this...
article Delaware North named to gambling industry board
(Delaware) -- Delaware North has not only joined the American Gaming Association, the Buffalo-based company has also been named as one of three new board members to the...

5/18/2016

article Delaware smashes online gaming revenue record in April
(Delaware) -- The Delaware Lottery has revealed that the US state was able to break its online gaming revenue record for the second consecutive month in April. Delaware...

4/30/2016

article Another quarterly loss leaves Dover Downs seeking help
(Delaware) -- Dover Downs Casino made $1.9 million in profit in 2015, a small sum relative to past standards, but certainly preferable to the $706,000 loss it suffered...

3/20/2016

article Will casino legislation spring forward in Delaware this year?
(Delaware) -- Some notes and quotes between headlines and deadlines… Welcome to spring in Delaware. One minute we’re rejoicing in the sight of robins and...

2/3/2016

article Dover to see new casino bailout legislation
(Delaware) -- In an attempt to gain more support from the legislature and ease the hit to the state’s wallet, changes within Sen. Brian Bushweller’s (D-Dover...

1/28/2016

article Dover Downs turns profit for 2015
(Delaware) -- A late NASCAR race helped drive Dover Downs Gaming & Entertainment to a fourth-quarter profit, while cost cutting kept the publicly traded company in...

12/4/2015

article Sports betting lucrative for Delaware
(Delaware) -- Delaware's sports betting franchise is starting to pay off. It's still not as lucrative as dusty, old-fashioned slot machines, but bettors laid...

11/1/2015

article Man, 22, shot at Dover Downs casino early Saturday
(Delaware) -- A 22-year-old man was shot in the hand and thigh early Saturday morning in the parking lot of Dover Downs casino, city police said.

10/31/2015

article Dover Downs turns profit for first time in years
(Delaware) -- Dover Downs saw a $125,000 profit this past quarter, a relief, but at 2%, only a slight one for a hotel and casino that is trying to dig itself out of deep...

10/27/2015

article Slot revenue up, Delaware casino future still murky
(Delaware) -- After years of declining slot revenue, Delaware casinos officials say, as a whole, the group had a slight uptick in the past few months. That snaps 34...

9/22/2015

article Delaware casino industry again eyes financial relief
(Delaware) -- An industry group representing Delaware's three casinos is newly calling on state lawmakers to revise revenue-sharing models so that the casinos can...
article With chips down, casino execs propose same relief plan as 2014
(Delaware) -- A panel of casino executives plans to make the exact same recommendations to the state as last year for reforming the lottery system. Dover Downs, Delaware...

8/25/2015

article New Jersey's sports betting loss is Delaware's gain
(Delaware) -- New Jersey has struck out again in its efforts to legally offer sports betting. A federal appeals court panel in Philadelphia on Tuesday upheld the federal...

8/15/2015

article Gaming inaction shortsighted
(Delaware) -- The latest revenue report for Dover Downs’ Gaming and Entertainment underscores the need for state lawmakers and the Governor to find ways to bolster...

8/5/2015

article Dover Downs sees casino losses, revenue boost at racetrack
(Delaware) -- The latest revenue reports for Dover Downs’ hotel and casino operations were met last week with a mixture of dissatisfaction from company executives...

7/30/2015

article Delaware Park Battles With Regional Pressures
(Delaware) -- As racetracks go, few are more scenic and well-kept than Delaware Park, the racing and casino operation located in the heart of the gambling-congested Mid-...
article Dover Downs cut twice as many jobs as expected
(Delaware) -- Dover Downs says it eliminated 48 jobs over the last three months – twice the number the company planned to make just three months ago. The...

7/29/2015

article Cuts Coming to Dover Downs Casino
(Delaware) -- Dover Downs is set for another round of cuts. Lawmakers in Dover this session turned aside a request by the company for more financial help.
article Jockey Shoots Trainer at Delaware Racetrack: Police
(Delaware) -- A Delaware jockey was arrested after he allegedly shot a trainer at a Delaware racetrack Wednesday morning. Ruben Rojas, a 30-year-old jockey at the...

7/28/2015

article More Dover Downs cuts projected
(Delaware) -- More cuts are expected at Dover Downs after lawmakers ignored requests for additional financial aid before leaving Legislative Hall last month.

7/21/2015

article Delaware online gaming market continues to suffer in June
(Delaware) -- The Delaware Lottery has revealed the US state’s online gaming market was hit by further losses in June, with the internet poker sector suffering in...

7/12/2015

article Company Shares of Dover Downs Gaming & Entertainment Inc Rally 1.34%
(Delaware) -- Shares of Dover Downs Gaming & Entertainment Inc (NYSE:DDE) appreciated by 1.34% during the past week but lost 17.88% on a 4-week basis. The shares...

6/21/2015

article Casino Reinvestment Act will help Delaware better compete
(Delaware) -- Delaware’s casino industry is encouraging the General Assembly to act now on the Casino Reinvestment Act, Senate Bill 30. There was a time when our...

6/19/2015

article The Delaware casino dilemma: jobs vs bailout
(Delaware) -- Delaware lawmakers are killing the golden goose. As someone who has been at odds with the state’s casinos in the past (Dover Downs once pulled its...

6/18/2015

article Casino bill would put Delaware back in the game
(Delaware) -- Delaware’s casino industry is encouraging the General Assembly to act now on the Casino Reinvestment Act, Senate Bill 30. There was a time when our...

6/12/2015

article No dice on Delaware casino bailout legislation
(Delaware) -- It looks like 2015 is not the year for the state's three casinos. A proposed $46 million bailout package has stalled in the General Assembly since its...

5/20/2015

article In Sussex, casinos are a tough bet
(Delaware) -- Gene Lankford sees a casino, Delaware’s fourth, being built near Millsboro. But unlike the three existing gambling sites, this one wouldn’t...

4/30/2015

article Report: Horse racing adds $182 million to Delaware economy
(Delaware) -- As horse racing's biggest weekend of the year approaches, a new report shows the industry's three Delaware tracks contribute more than $182 million...
article Delaware casino cutting jobs after 'disappointing' quarter
(Delaware) -- Dover Downs Gaming released a disappointing first quarter earnings report that showed a 2.5 percent decline in gaming revenues. Overall revenue at the...
article Dover Downs eyes cost cuts
(Delaware) -- Changes and layoffs are coming to Dover Downs, after the company reported a net first-quarter loss of $352,000 Thursday.
article Dover Downs Gaming narrows first-quarter loss, plans reduction in table game hours
(Delaware) -- Dover Downs Gaming and Entertainment narrowed its first-quarter loss compared to last year but says further cost-cutting is needed. The company on Thursday...

4/28/2015

article Study: $182 million economic impact from horse racing
(Delaware) -- Delaware's horse-racing industry contributed more than $182 million to the state's economy in 2014, according to a report released Tuesday by the...
article Delaware Horse Racing Boosts State Economy
(Delaware) -- Delaware horse racing contributed more than $182 million to the state's economy in 2014, supporting the equivalent of more than 1,500 full-time jobs,...

4/19/2015

article Letters to the Editor: Killing casinos will just raise taxes
(Delaware) -- Thanks, News Journal, for giving a front page heads-up for possible legislation that will support the notion of “death with dignity.” Thanks...

4/11/2015

article Delaware Online Gambling Numbers Down Year-on-Year
(Delaware) -- As Delaware state officials keep a wary eye on the attempts to pass the Restoration of America’s Wire Act (RAWA) on a federal level, gaming...

4/8/2015

article Legislators Create New Plan for 3 New Casinos in Delaware
(Delaware) -- Legislators are developing a plan to alleviate financial woes in Delaware Casinos by adding more gambling establishments. Delaware State News reports that...

4/6/2015

article New plan calls for 3 more casinos in state
(Delaware) -- Legislators are developing a plan to remedy declining revenues at Delaware’s three casinos by opening up the market and adding several more gambling...

3/27/2015

article $46 million Delaware casino aid package stalls
(Delaware) -- A drop in projected state tax revenue and other funding issues may complicate a proposed bailout package for Delaware casinos. The state Lottery and Gaming...

2/11/2015

article Delaware iPoker Revenue Dips 3% in January
(Delaware) -- The numbers are in regarding online poker revenue in Delaware for the month of January and the song remains the same - a 3% drop from the previous month.

2/9/2015

article The long term bet for Delaware casinos
(Delaware) -- The overused term “tipping point” is often used to describe the high homicide rate in Wilmington that finally seems to have everyone’s...

2/6/2015

article Insider Buying: Dover Downs Gaming & Entertainment Director Purchases $127,926.81 in Stock (DDE)
(Delaware) -- Dover Downs Gaming & Entertainment (NYSE:DDE) Director Henry B. Tippie bought 129,219 shares of Dover Downs Gaming & Entertainment stock on the...

1/31/2015

article Letters to the Editor: Say no to casino relief
(Delaware) -- Forty-six million dollars in casino relief? Are you kidding me? The gambling industry is oversaturated. Just look at Atlantic City. Unviable businesses...

1/26/2015

article Delaware Panel Agrees Casino Relief Package [sub req]
(Delaware) -- A Delaware study commission has recommended a relief package for the state’s three casinos worth $45m over the next two fiscal years, but the...

1/22/2015

article Delaware casinos: Panel recommends $46 million bailout
(Delaware) -- A panel studying ways to find fiscal relief for Delaware's lagging gambling industry recommended a nearly $46 million package to provide a pathway to...
article Officials could consider additional slot locations
(Delaware) -- More locations to play slots? It could happen. Some Delaware lawmakers are again looking at a plan to allow casinos to open satellite casino locations that...
article Panel proposes $45M in taxpayer money for Delaware casinos
(Delaware) -- Another taxpayer bailout for Delaware's struggling gambling industry won a narrow endorsement Thursday from members of a state study commission. The...
article Panel studying future of Delaware gambling industry meets
(Delaware) -- A state panel charged with helping find a path forward for Delaware’s gambling industry is meeting again after missing last week’s deadline to...

1/21/2015

article Panel studying future of Delaware gambling industry meets
(Delaware) -- A state panel charged with helping find a path forward for Delaware's gambling industry is meeting again after missing last week's deadline to...

1/11/2015

article Upping the ante: What’s to be done about Delaware’s gaming industry?
(Delaware) -- After months of deliberation, one step in the ongoing casino issue will be resolved Wednesday. That’s when the Lottery and Gaming Study Commission...

1/6/2015

article Delaware Casino Relief Package Expected Next Week [sub req]
(Delaware) -- A Delaware study commission is expected to vote next week on new recommendations to help the state’s gaming sector remain competitive, but getting...

12/15/2014

article The state of gaming in Delaware
(Delaware) -- Delaware lawmakers will have a lot of unfinished business to tackle when they return to work Jan. 13, including how to address dwindling revenue from the...

12/6/2014

article Can horse racing survive in Delaware?
(Delaware) -- Formal horse racing has taken place in Delaware for more than 75 years. The industry is tied to and monitored by the state’s Department of...

12/5/2014

article Caesars Entertainment wants Delaware lawsuit tossed
(Delaware) -- A Delaware judge is weighing whether to grant a motion by Caesars Entertainment Corp. to dismiss a lawsuit by bondholders accusing the company of...

11/27/2014

article Do you want a slots parlor close by?
(Delaware) -- Welcome to Delaware, where there is a slot machine on every corner. Or so the state government hoped for a while. The news is that the Markell...

11/25/2014

article Casinos passed on more Delaware locations
(Delaware) -- Earlier this year, the Markell administration quietly floated a plan they believed would help the state’s struggling casinos: allow them to open free...

11/24/2014

article Dover Downs Experiencing Troubled Waters
(Delaware) -- Dover Downs is looking at some tough times. Regional casino competition has doubled over the last few years while the bank demanded the casino’s...

11/22/2014

article Opinion: Delaware is trapped in casino business
(Delaware) -- Face it. Delaware is trapped. Incredible competition from other states is squeezing Delaware’s three casinos to an extent no one imagined.
article Dover Downs Casino: On the brink
(Delaware) -- Dover Downs has serious problems: • Regional casino competition has more than doubled in recent years. • Banks demanded the casino's mortgage...

11/1/2014

article Casinos industry group asking Delaware lawmakers to revised revenue sharing
(Delaware) -- An industry group representing Delaware's three casinos is asking state lawmakers to revise revenue-sharing models so that the casinos can remain...

10/30/2014

article Bailout helps fuel Dover Downs third-quarter earnings
(Delaware) -- Dover Downs Gaming and Entertainment Inc. reported stronger earnings in the third quarter of this year, compared to the same quarter in 2013, fueled in...
article Casinos industry group asking Delaware lawmakers to revised revenue sharing
(Delaware) -- An industry group representing Delaware's three casinos is asking state lawmakers to revise revenue-sharing models so that the casinos can remain...
article Dover Downs Casino announces new table games
(Delaware) -- Dover Downs Hotel & Casino announces its latest arrival of new table games, Heads Up Hold’em, High Card Flush and Big 6 Wheel. Heads Up Hold...

10/28/2014

article Lawmaker says casinos 'raped' by state taxes
(Delaware) -- At a candidate forum Rep. Steve Smyk, a Milton Republican, said the state's three casinos have been "raped" by the state of Delaware. "...

10/13/2014

article OP/ED: Gaming falloff means states must tighten their belts
(Delaware) -- It should not have surprised anyone, but the Center for Gaming Research at the University of Nevada reports that Maryland is the one gaming state in the...

10/8/2014

article Delaware casino revenues continue to drop
(Delaware) -- With a little more than three months before the Lottery and Gaming Study Commission has to present its report to the General Assembly, members continue to...
article Gambling revenue losses starting to slow for at least one First State casino
(Delaware) -- Trouble for Atlantic City casinos has been a slight boon to one Delaware casino. In a presentation to state lawmakers Wednesday, representatives from...
article Delaware gambling study panel continues work
(Delaware) -- Delaware casino operators say the negative economic impact from competition in other states seems to be leveling off, but they still face significant...
article Outlook for Delaware’s casinos remains grim
(Delaware) -- The overall negative economic impact wreaking havoc on Delaware’s casino industry may be starting to taper off, but surrounding competition and a...

9/29/2014

article Scientific Games Extends Contract With Delaware Lottery; CVG Deals With Guizhou Sports and Lottery Body
(Delaware) -- Lottery provider Scientific Games Corporation has extended its contract with the Delaware Lottery for an additional three years. The contract extension...

9/25/2014

article Horsemen worry as slots cash ebbs
(Delaware) -- George Dennis has seen the good, the bad and the ugly of Delaware's harness racing industry. The 44-year-old owner, trainer and driver grew up just 500...

9/17/2014

article Delaware casino owner owes back taxes
(Delaware) -- While gambling industry officials are asking Delaware lawmakers for financial help, a company controlled by Delaware Park owner Bill Rickman owes more than...

9/13/2014

article Delaware gambling study panel reconvenes
(Delaware) -- A state panel that recommended a $10 million casino bailout approved by lawmakers earlier this year reconvened Thursday to figure out what, if anything, to...

9/12/2014

article Gaming study panel ponders next move for state’s casinos
(Delaware) -- What’s to be done with the casino industry in Delaware? Should the tax rate be lowered? Should the state give the casinos aid? Should more casinos be...

9/11/2014

article Delaware casino panel gets back to work
(Delaware) -- As several Atlantic City casinos close their doors, state leaders are trying to figure out how to make Delaware's gambling halls more profitable.

9/10/2014

article Delaware gambling study panel reconvenes
(Delaware) -- With lawmakers already having approved a $10 million financial bailout for Delaware's three casinos earlier this year, a state panel is reconvening to...

9/3/2014

article Atlantic City’s lessons for Delaware
(Delaware) -- Delaware revenue officials must be keeping a wary eye on the happenings in Atlantic City. The closing of the $2.4 billion Revel casino-hotel cannot be...

8/26/2014

article Delaware hit by iGaming revenue drop in July
(Delaware) -- The Delaware Lottery has reported a month-on-month drop in iGaming revenue during July, despite the US state having experienced an increase in online poker...

8/15/2014

article Dover Downs Gaming gets refinancing deal
(Delaware) -- The parent company of Dover’s casino and resort has successfully found banks willing to refinance a $60 million credit that was set to expire Friday.
article Reality check: Wilmington should focus on the doable
(Delaware) -- Everybody knows about the crime. Everybody knows about the lack of jobs and the poverty. Everybody also has an opinion. Solutions, on the other hand, are...

8/14/2014

article Last-minute credit extension for Dover Downs
(Delaware) -- The parent company of Dover's casino and resort has extended its soon-to-expire line of credit until next year. Dover Downs Gaming & Entertainment...
article Legislators who supported Del. casino 'bailout' received more industry cash
(Delaware) -- Earlier this year, Delaware's legislature voted to forego a portion of the state's casino revenue to fund improvements to make the gambling...

8/6/2014

article Delaware Casinos Seek Long-Term Fix
(Delaware) -- Delaware casinos are asking the state panel slated to convene in the fall to address the long-term drag on profits resulting from high state revenue cuts....
article Delaware lottery officials betting on lucrative NFL season
(Delaware) -- Wednesday is the official kickoff of the NFL's preseason schedule, which marks the start of another year of sports betting in Delaware

8/1/2014

article Horse racing takes a hit in Delaware
(Delaware) -- For the first time since slot machines were introduced in Delaware in 1995, Delaware Park, near Wilmington, has cut horse-racing purses in the middle of a...

7/30/2014

article Casinos hopeful of more state help next year
(Delaware) -- One casino executive is hopeful lawmakers will provide relief for the state's ailing casinos when they return to Legislative Hall in January. But don...
article Revenues Continue to Decline for Delaware Casinos
(Delaware) -- Delaware officials say competition from casinos in neighboring states continues to squeeze revenues at Delaware's three casinos.

7/29/2014

article First State casinos seek long-term fix for declining revenues from state
(Delaware) -- Delaware casinos are gearing up for what they say they hope is the final year of state-financed fixes to their declining revenues.
article Gaming officials: Out-of-state competition still pinching revenue
(Delaware) -- Competition from neighboring states is continuing to squeeze revenues at Delaware’s three casinos, gaming officials complained Tuesday.

7/25/2014

article For Dover Downs, profit slide continues
(Delaware) -- Dover Downs’ profit fell roughly 67 percent in the three months ending June 30 to $164,000, as competition from out of state operations continued to...

7/19/2014

article Ocean City arcades may face new regulations
(Delaware) -- Marty’s Playland is no Bellagio. So, manager Chris Trimper asks, why does Maryland’s gaming commission want to regulate some of its games as if...

7/5/2014

article GOP weekly message defends state aid to casinos
(Delaware) -- State Rep. Tim Dukes (R-Laurel) defended the General Assembly’s move to pass a $9.9 million aid package for Delaware’s casino industry in this...

7/2/2014

article Casino bailout among final issues for Delaware lawmakers as legislative session ends
(Delaware) -- Delaware lawmakers approved a $10 million financial bailout for the state's three casinos early Tuesday in one of the final acts of this year's...
article Delaware Passes Casino Relief Package [sub req'd]
(Delaware) -- The Delaware legislature passed a casino relief package Monday night but casino owners and lawmakers alike remain concerned over the future of the state...

6/30/2014

article Casino aid debate reaches final day
(Delaware) -- A plan to give the state's three ailing casinos nearly $10 million faces its biggest opposition yet: a contentious House gaming committee hearing...
article Delaware lawmakers approve casino bailout
(Delaware) -- Delaware lawmakers approved a $10 million financial bailout for the state’s three casinos in one of the final acts of this year’s legislative...
article Delaware lawmakers eye casino bailout
(Delaware) -- A proposed financial bailout for Delaware's three gambling casinos was among the central issues remaining for state lawmakers to consider on the final...
article Lawmakers ‘all in’ on casino bailout
(Delaware) -- Lawmakers pushed the final vote on a contentious $9.9 million casino relief package to after midnight following months of heated debate.
article Lawmakers: casino amendment will ensure no lay-offs
(Delaware) -- House lawmakers have introduced an amendment to the casino proposal that will require the casinos to give back their bailout if they layoff 3 percent of...

6/29/2014

article House to address $9.9M casino bailout as legislature ends
(Delaware) -- In today’s final hours of the 147th General Assembly, stakeholders in Delaware’s casino industry will have to roll the dice to bet on the...

6/25/2014

article Delaware Senate OKs $10M bailout for casinos
(Delaware) -- Senate lawmakers on Wednesday approved a $10 million financial bailout for Delaware’s three gambling casinos. The Senate voted 14-5 to pass...
article Senate OKs Del. casino relief bill
(Delaware) -- Legislation that provides a near-$10 million Band-Aid to Delaware’s three casinos cleared the state Senate Wednesday by a 14-5 margin.

6/24/2014

article Casino bailout bill delayed
(Delaware) -- Lawmakers on Tuesday delayed a vote on a proposal, backed by the governor, that would transfer money from the Kent County Sports Complex and infrastructure...
article Delaware lawmakers ponder $10M bailout for casinos
(Delaware) -- Delaware lawmakers are planning to scrape together about $10 million to bail out Delaware’s three gambling casinos, which are struggling with high...
article State to use job development cash to prop up slots parlors
(Delaware) -- Supporters of a plan to provide nearly $10 million in state aid for struggling Delaware casinos want to pay for the package by using state economic...
article Delaware lawmakers eye casino relief
(Delaware) -- A bill providing a financial bailout to Delaware's three gambling casinos is poised for its initial vote in the state legislature.

6/23/2014

article Senate to vote on casino relief legislation today
(Delaware) -- A piecemeal casino relief proposal that involves taking money from the Kent County Sports Complex could be on tap after efforts to secure long-term relief...

6/21/2014

article Delaware makes some progress in casino bailout
(Delaware) -- The hunt to find $9.9 million to bail out the state’s casinos has so far honed in on one potential source: unused funds associated with the Kent...

6/20/2014

article Casino Boom Pinches Northeastern States
(Delaware) -- Racetrack casinos used to contribute as much as $240 million a year to Delaware's tax coffers. But as the Northeast becomes saturated with gambling...
article Lawmakers Revise Del. Casino Bailout
(Delaware) -- Delaware's three gambling casinos likely won't be getting as much financial relief from lawmakers as they were hoping. The chief sponsor of a bill...

6/19/2014

article Bill to aid ailing First State casinos won’t be as generous
(Delaware) -- State lawmakers are cutting a proposed casino bailout in half after fiscal doors continue to close in their faces in a tight budget year. An amendment from...

5/28/2014

article Future of Casino Relief Proposal in Jeopardy
(Delaware) -- The prospect of Delaware's ailing casino industry getting millions of dollars in relief from the state looks to be in jeopardy. The money just may not...

5/24/2014

article Has Ocean Downs paid off for community? Locals say yes
(Delaware) -- For years before slots were approved at Ocean Downs, Ocean City business owners spoke out against the establishment of a casino so close to their resort...

5/21/2014

article Delaware’s casino bailout in doubt
(Delaware) -- Casinos seeking a bailout from the state could be left empty-handed as lawmakers wrestle with a budget shortfall that reached $41 million this week.

5/20/2014

article Del. lawmakers begin markup of governor's proposed $3.8B budget plan by recommending pay raise
(Delaware) -- The legislature's budget writing committee unanimously recommended a pay raise Tuesday for most state employees despite a $41 million gap between...
article Delaware's casino 'lottery' fiction needs to be changed
(Delaware) -- The News Journal recently urged Delaware should cut loose its three monopoly casinos and allow each to sink or swim in an open and competitive market for...

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